Men’s Innerwear maker XYXX Apparels has raised Rs 6 crore in its seed round of funding from its existing backer Sauce.vc. The firm would utilize the funds in expanding sales and marketing efforts.
Founded in 2017, XYXX is a premium category of comfortable innerwear at unbelievably accessible price points. Previously, the Surat-based firm had secured Rs 2 crore in the first round of seed funding from Sauce.vc. and Govind Shrikhande in March 2019. (Source- PR)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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